Purchase Terms & Conditions

GENERAL: Until a purchase order is accepted or contract signed, prices and delivery are subject to change after 30 days from the date of this quotation, except as specified otherwise in the quotation.

SHIPPING: Shipments are FOB factory/origin and will normally be made by UPS surface, truck or parcel post. Product packaging shall be standard IVC product packaging. Other shipping or packaging arrangements are by special request and will be made at customer’s expense.

CLAIMS: All claims for loss or damage in transit must be made against the carrier. Ten days are allowed for testing and equipment checkout. After ten days from receipt of goods they are conclusively presumed to have been received in good condition and to meet all standards and requirements absolutely. IVC must receive notice of any defect not more than ten days (10) after receipt of goods. Goods to be returned must have written authorization (RA Number) from IVC.

CREDIT: Accounts will be opened only with firms or individuals with approved credit from IVC. Unless alternative terms specified in the quotation, standard terms are net 30 days from the date of shipment for domestic U.S purchasers, with interest charges at the rate of 1.5%/month on unpaid balances that are beyond 30 days.

CANCELLATION: Accepted orders are not subject to cancellation except with IVC’s written consent.

DELAYS: IVC will not be liable for nonperformance caused by strikes, fires, disasters, riots, acts of God, or other causes or conditions beyond IVC’s reasonable control. In the event of such delay or nonperformance, IVC may, at its option, and without liability, cancel any portion of the order and/or extend any date upon which any performance is due.

WARRANTY: IVC warrants equipment manufactured to be free from defects of material and workmanship. Any part or parts will be repaired or replaced when determined by IVC to have been defective within one year from date of shipment from factory. All warranty repairs will be performed at the factory or as otherwise authorized by IVC in writing. Warranty repairs are warranted for a period of six months or until the end of the original warranty period, whichever is later, from the date of shipment from the factory. Purchaser shall prepay freight charges from IVC’s factory. This warranty does not extend to IVC equipment subjected to misuse, accident, neglect, improper application, or repaired or altered by other than IVC or those authorized by IVC in writing. This warranty is in lieu of all other warranties, express or implied, or statutory, including warranties of fitness for a particular purpose and merchantability and set forth buyers sole remedy in connection with such warranties. IVC, in no event, whether as a result of breach of contract or warranty, tort (including negligence) or otherwise, shall be liable for any penalties regardless of reason; collateral, consequential, incidental, or exemplary damages, including without limitation, any loss of profit or revenues, loss of use of any equipment or goods, or costs of removal or re-installation of equipment.

TITLE: Title shall pass to buyer on delivery to carrier at IVC factory in Newton, MA. Risk of damage or loss following such delivery shall be on buyer and IVC shall be in no way responsible for safe arrival of the shipment. Title shall so pass regardless of any provisions for payment of freight or insurance by IVC or the form of the shipping documents. If shipment is consigned to IVC it shall be for the purpose of securing buyers’ obligations under the contract. Any insurance for shipping shall be at the buyer’s discretion and will be the buyer’s obligation.

DESIGN: IVC reserves the right to make changes in design at any time without notice and without incurring any obligation to install the same on units previously purchased.

TAXES: IVC does not report, pay, or collect any use tax, sales tax or similar tax which may be imposed upon the buyer under the laws of the state to which shipment is to be made unless IVC shall separately state such charges to buyer in the quotation and on the invoice for such merchandise. Unless such charge is stated, buyer shall report and pay use taxes or similar taxes that may be imposed upon buyer by reason of such order and shall hold IVC harmless there from.

NO WARRANTY, PROMISE, OR REPRESENTATIONS AS TO ANY PRODUCT SOLD BY IVC NOR ANY WAIVER OR MODIFICATION OF THESE TERMS OR CONDITIONS, SHALL BE BINDING UPON US UNLESS REDUCED

TO WRITING AND SIGNED BY AN AUTHORIZED OFFICER. IVC TERMS AND CONDITIONS ARE NOT SUPERCEDED BY BUYERS TERMS AND CONDITIONS.